On-the-Ground Updates

Cod Quota Reduction of 20% In Barents Sea to Result in Potential Market Shortages From Denmark and Russia

Frozen Cod

Guilherme Rua

Published Feb 28, 2023

The fishing industry in the Barents Sea is facing a significant challenge this year, as the cod quota has been reduced by 20%. This reduction is expected to result in a shortage of cod products in the market from Denmark and Russia. Despite prices remaining stable for the time being, some suppliers are considering holding stocks until the end of summer when demand typically increases.

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